PT Merdeka Battery Materials Tbk (ISX:MBMA) Receivables Turnover: 1.65 (As of Mar. 2026)

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ISX:MBMA PT Merdeka Battery Materials Tbk ISX:MBMA
44 GF Score
Price Rp525.00
GF Value Rp822.91
Valuation Significantly Undervalued
! 5 Warning Signs
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What is PT Merdeka Battery Materials Tbk Receivables Turnover?

PT Merdeka Battery Materials Tbk ISX:MBMA +0.96% 44 Receivables Turnover is 1.65 as of Mar. 2026. GuruFocus rates ISX:MBMA with a GF Score™ of 44/100 and a GF Value™ of Rp822.91 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 782 Metals & Mining companies, PT Merdeka Battery Materials Tbk ranks worse than 60.87% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. PT Merdeka Battery Materials Tbk's Revenue for the three months ended in Mar. 2026 was Rp7,705,125 Mil. PT Merdeka Battery Materials Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp4,666,696 Mil. Hence, PT Merdeka Battery Materials Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 1.65.


PT Merdeka Battery Materials Tbk  (ISX:MBMA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


PT Merdeka Battery Materials Tbk Receivables Turnover Related Terms


PT Merdeka Battery Materials Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Merdeka Battery Materials Tbk's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Merdeka Battery Materials Tbk Receivables Turnover Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 0.00 7.10 14.45 12.53 6.21

PT Merdeka Battery Materials Tbk Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.26 1.74 1.59 1.90 1.65

ISX:MBMA vs HL, SIND: Receivables Turnover Comparison

For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Merdeka Battery Materials Tbk Receivables Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Merdeka Battery Materials Tbk's Receivables Turnover falls into.


ISX:MBMA
44GF Score
PT Merdeka Battery Materials Tbk ISX:MBMA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Battery Materials Tbk Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

PT Merdeka Battery Materials Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=23966689.333 / ((2872030.968 + 4841390.902) / 2 )
=23966689.333 / 3856710.935
=6.21

PT Merdeka Battery Materials Tbk's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=7705124.515 / ((4841390.902 + 4492000.88) / 2 )
=7705124.515 / 4666695.891
=1.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.65 mean?
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a Receivables Turnover of 1.65 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on PT Merdeka Battery Materials Tbk and its competitors. According to the industry distribution chart, PT Merdeka Battery Materials Tbk ranks #476 out of 782 companies in the Metals & Mining industry, placing it in the top 60.9%.
Is PT Merdeka Battery Materials Tbk's Receivables Turnover too high?
PT Merdeka Battery Materials Tbk's current Receivables Turnover is 1.65. The Metals & Mining industry median Receivables Turnover is 9.36. PT Merdeka Battery Materials Tbk's value of 1.65 is 82.4% below this industry median. Based on the distribution chart, PT Merdeka Battery Materials Tbk ranks #476 out of 782 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Receivables Turnover compare to HL and SIND?
According to the Metals & Mining industry distribution chart, PT Merdeka Battery Materials Tbk ranks #476 out of 782 companies for Receivables Turnover. This places PT Merdeka Battery Materials Tbk in the lower half of its industry. The industry median Receivables Turnover is 9.36. PT Merdeka Battery Materials Tbk's value of 1.65 is 82.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.36, based on 782 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Merdeka Battery Materials Tbk's current Receivables Turnover of 1.65 is 82.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on PT Merdeka Battery Materials Tbk and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Battery Materials Tbk's current Receivables Turnover is 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Battery Materials Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk (ISX:MBMA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp822.91, compared to a current price of Rp525.00 — trading 36.2% below its estimated fair value. The current Receivables Turnover is 1.65 and 82.4% below the Metals & Mining industry median of 9.36. PT Merdeka Battery Materials Tbk's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Receivables Turnover is 1.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Merdeka Battery Materials Tbk (ISX:MBMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk stock appears to be undervalued. The current stock price of Rp525.00 is trading 36.2% below its estimated GF Value™ of Rp822.91. GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MBMA:

  • Receivables Turnover: 1.65
  • GF Value™: Rp822.91 vs. price of Rp525.00 (36.2% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 82.4% below the Metals & Mining median (#476 of 782)

No single metric tells the full story. See the ISX:MBMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Merdeka Battery Materials Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower Building, 69th Floor, District 8 SCBD Lot. 28, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Battery Materials Tbk is an integrated battery materials and nickel processing company focused on the electric vehicle (EV) battery value chain in Indonesia. The company engages in nickel mining, smelting, and downstream battery material processing activities. Its business operations include the SCM Mine, RKEF smelters, Nickel Matte operations, AIM Project, IKIP industrial area development, and HPAL projects. The company operates through Mining, Manufacturing, and Other segments, with the majority of revenue generated from the Manufacturing segment.
44GF Score

Get the complete analysis for ISX:MBMA

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp525.00
Price
Rp822.91
GF Value